Ceres Capital Corp.
TSX VENTURE : SRS

February 26, 2009 09:00 ET

Ceres Appoints Gerry Talbot to Vice President, Land

CALGARY, ALBERTA--(Marketwire - Feb. 26, 2009) - Ceres Capital Corp. (the "Company" or "Ceres") (TSX VENTURE:SRS) is pleased to announce that Gerry Talbot has been appointed to the position of Vice President, Land for the company's wholly owned subsidiary, Reliable Energy Ltd.

"Gerry brings over 28 years of land negotiating experience to Reliable," said Paul Moller, President and CEO of Reliable. "He will play an essential role in fulfilling Reliable's land acquisition strategy in its core areas of Saskatchewan & Manitoba and in Central Alberta."

Mr. Talbot commenced his career with Amoco Canada Petroleum Company in 1977, and joined their land department in 1981 where he progressed to the position of Senior Negotiating Landman. In 2002, Mr. Talbot left Amoco and commenced providing Landman consulting services to junior oil and gas companies before taking a full time position with Ledge Resources as Vice President Land. In 2006 Ledge was sold and Mr. Talbot returned to providing consulting services to several oil and gas companies before joining Reliable in 2009.

Mr. Talbot is an active member of the Canadian Association of Petroleum Landmen and holds a B.Comm. from the University of Calgary.

ON BEHALF OF THE BOARD OF Ceres Capital Corp.

Paul Moller, President & CEO

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